The global feldspar market is projected to grow at a CAGR of 6% to 8% from 2021 to 2026. The growth of feldspar market is driven by increasing consumption of ceramic tiles and growing demand for automotive glass.
Some of the Key Questions answered in
this exclusive report are:
Q.1 What are some of the
most promising potential, high-growth opportunities for the global feldspar
market by type (plagioclase feldspar and k-feldspar), application (glass,
ceramics, pottery , fillers, construction, decorative, electronics, and
others), and region (North America, Europe, Asia Pacific, and the Rest of the
World)?
Q.2 Which segments will
grow at a faster pace and why?
Q.3 What are the
business risks and threats to the feldspar market?
Q.4 What are some
changing demands of customers in the feldspar market?
Q.5 What are the new
developments in the feldspar market? Which companies are leading these
developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this feldspar area and how big of a
threat do they pose for loss of market share via product substitution?
Q.8 What M&A activity has occurred in the last 5 years in this feldspar market?
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Market Segmentation:
Based on type, the
feldspar market is segmented into plagioclase feldspar and k-feldspar. The
plagioclase feldspar segment accounted for the largest share of the market in
2020 and is expected to register the highest CAGR during the forecast period,
due to increasing demand from glass and ceramic manufacturers to use
plagioclase feldspar as flux to lower the melting temperature of ceramics and
glass, abundance presence, and low cost availability.
Europe will remain the
largest region in the forecast period due to heavy demand from the automotive
industry, electronic sensors, and medical devices and growth in the commercial
and residential construction industries.
Key Players in the
feldspar market are Eczacibasi Esan, Micronized Group, Imerys Minerals, Sibelco
Nordic, and The Quartz Corp.
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The report helps stakeholders understand the
pulse of the market and provides them with information on key drivers,
restraints, challenges, and opportunities for market growth. It would also help
to understand the competitors better and gain more insights to improve their
position in the business.
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https://www.lucintel.com/feldspar-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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